Main Sector Rotation Etf Performance
| SECT Etf | USD 57.69 0.75 1.32% |
The etf secures a Beta (Market Risk) of 0.91, which conveys possible diversification benefits within a given portfolio. Main Sector returns are very sensitive to returns on the market. As the market goes up or down, Main Sector is expected to follow.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Main Sector Rotation are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain fundamental indicators, Main Sector may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Worried About a Stock Market Pullback Buy This Vanguard ETF. - MSN | 09/30/2024 |
| In Threey Sharp Ratio | 0.43 |
Main |
Main Sector Relative Risk vs. Return Landscape
If you would invest 5,198 in Main Sector Rotation on September 12, 2024 and sell it today you would earn a total of 561.00 from holding Main Sector Rotation or generate 10.79% return on investment over 90 days. Main Sector Rotation is currently generating 0.1642% in daily expected returns and assumes 0.8929% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Main, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Main Sector Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Main Sector's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Main Sector Rotation, and traders can use it to determine the average amount a Main Sector's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1839
| Best Portfolio | Best Equity | |||
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| Small Returns | SECT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Main Sector is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Main Sector by adding it to a well-diversified portfolio.
Main Sector Fundamentals Growth
Main Etf prices reflect investors' perceptions of the future prospects and financial health of Main Sector, and Main Sector fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Main Etf performance.
| Total Asset | 957.24 M | |||
About Main Sector Performance
Assessing Main Sector's fundamental ratios provides investors with valuable insights into Main Sector's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Main Sector is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund utilizes a fund of funds structure to invest in sector-based equity ETFs. Northern Lights is traded on BATS Exchange in the United States.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Sector Rotation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Main Sector Rotation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Sector's value that differs from its market value or its book value, called intrinsic value, which is Main Sector's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Sector's market value can be influenced by many factors that don't directly affect Main Sector's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Sector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.